香港小轮(集团)(00050) - 2021 - 中期财报

Financial Performance - The group's unaudited profit after tax for the six months ended June 30, 2021, was HKD 68 million, an increase of 275% compared to the same period in 2020[5] - Earnings per share were HKD 0.19, compared to HKD 0.05 in the same period last year[5] - The group's revenue for the six months ended June 30, 2021, was HKD 114 million, a 9% increase from the previous year, primarily due to increased income from the shipyard business[16] - The group recorded a profit of HKD 16.9 million from ferry, shipyard, and related businesses, compared to a loss of HKD 4.1 million in the same period last year[12] - The net profit attributable to equity shareholders was HKD 68,037,000, compared to HKD 18,164,000 in the previous year, reflecting a year-on-year growth of 274.5%[54] - Total comprehensive income for the period was HKD 68,823,000, compared to a loss of HKD 20,104,000 in the same period last year, showcasing a strong turnaround[58] - The net profit before tax for the six months ended June 30, 2021, was HKD 76,780,000, up from HKD 25,790,000 in the previous year[101] Revenue Sources - The group sold approximately 1,680 residential units in the "Imperial Bay" project, accounting for 95% of the total, with a total sales amount of approximately HKD 8.2 billion[8] - The group expects to continue generating revenue primarily from shop rental income in the second half of the year[14] - Revenue from the ferry, shipyard, and related businesses reached HKD 77,471,000, up 75.8% from HKD 44,045,000 in the previous year[90] - The property investment segment generated revenue of HKD 73,708,000, slightly increasing from HKD 73,292,000 year-on-year[90] - The group reported a significant increase in other income, which rose to HKD 47,816,000 from HKD 27,184,000, marking a growth of 76.3%[89] Assets and Liabilities - The group's current assets were HKD 2.58 billion, with current liabilities of HKD 174 million, resulting in a current ratio of 14.8 times[18] - The group's equity increased by 0.3% to HKD 59.888 billion as of June 30, 2021[17] - The company’s total liabilities were reported at HKD 5,655,081,000, leading to a net liability position of HKD 99,196,000 for the joint venture[37] - The company reported a total equity of HKD 5,987,679 as of June 30, 2021, compared to HKD 5,972,297 at the end of 2020, reflecting a slight increase of about 0.3%[63] - The company’s inventory increased to HKD 1,281,186 from HKD 1,231,195, indicating a rise of about 4.1%[63] Compliance and Governance - The company has maintained compliance with the corporate governance code as per the Hong Kong Stock Exchange's listing rules[26] - The company has adopted written guidelines for employees regarding securities trading to ensure compliance with the standards set forth in the listing rules[27] - The company’s audit committee reviewed the interim financial report for the six months ending June 30, 2021, which was unaudited but reviewed by KPMG[29] - The company has complied with the relevant provisions of the Listing Rules regarding related party transactions[165] Shareholder Information - As of June 30, 2021, the company’s directors held a total of 123,331,040 shares, representing approximately 33.41% of the total issued shares[41] - Major shareholders include 恒基兆業地產有限公司 and its subsidiaries, holding approximately 33.41% of the issued shares[46] - The company has not received any notifications regarding other interests or short positions in its shares as of June 30, 2021[50] Future Outlook - The company plans to continue expanding its market presence and exploring new strategies for growth in the upcoming periods[47] - The group anticipates that the residential market will remain stable, with private residential prices increasing by 3.4% in the first half of the year[14] Cash Flow and Investments - The net cash generated from operating activities for the six months ended June 30, 2021, was HKD 11,660, compared to HKD 4,435 in the previous year, showing an increase of approximately 163.5%[71] - The net cash generated from investing activities was HKD 322,014, a significant increase from HKD 40,345 in the prior year[71] - The company received HKD 600,000,000 from joint ventures during the six months ending June 30, 2021[119] Dividends - The company declared an interim dividend of HKD 0.10 per share, consistent with the previous year[110] - The company paid dividends amounting to HKD 53,441 during the period, down from HKD 99,757 in the previous year, representing a decrease of approximately 46.4%[71]